thereby costing the economy more money. so look, here's the important part, sanjay. cuts probably need to happen. these are not -- these are not the right cuts. these were not meant to be the thing that was supposed to solve the problem. this was supposed to be the thing that congress avoided at all costs. so if these cuts go through, it will eviscerate a good part of medical services and that 2% going to medicare. there is not a lot that's been cut to entitlements, but medicare is going to take that cut of the. >> it is remarkable to think about the impact. and jake, i think this is a sentiment that, look, they're going to figure it out. this can't possibly really be happening. we've seen this before, even. as recently as last year. jake, what do you say to people who say that to you? >> well, i never have a lot of confidence in washington's ability to get its house in order. this was, remember, a solution to a problem in 2011. the budget control act, when congress finally agreed to pay the debt on money that the government had already spent. and part of the solutio